Economy at a Glance

Geographical Location

Between 20°34´ and 26°38´North latitude and between 88°01´ and 92°41´ East longitude

Political Boundaries

North: India

West: India

East: India & Myanmar

South: Bay of Bengal

Capital

Dhaka (Metropolitan area 202 Sq Miles

Land & Soil

The land consists of flat fertile alluvial land of 147,570 Sq Km with territorial water of 12 nautical miles. Around 230 rivers flow across the land.

Standard Time

GMT +6 hours

International Airports


Zia International, Dhaka Abul Hannan Airport, Chittagong  Osmani International, Sylhet

 

Sea Ports

Chittagong and Mongla

 

Mineral Resources

Natural gas, Limestone, Hard rock, Coal, Silica sand, While clay, Radio-active sand, Oil

    

 
GDP-purchasing power parity

$275 billion (2004 est.)

GDP-real growth rate

7.0% (2006 est.)

GDP-per capita: purchasing power parity

$2,000 (2004 est.)

Aid-per capita

$10.1 (2003)

Agriculture

20.5% (2004)

Industry

26.7% (2004)

Services

52.8% (2004)

Revenue, excluding grants

23.4% (2004)

Population below poverty line

35.6% (1995-96 est.)

Lowest 10%

3.9%

Highest 10%

28.6% (1996)

Inflation rate (consumer prices)

5.8% (2000)

Labour force

64.1 million (1998)

Note: extensive export of labour to Saudi Arabia, Kuwait, UAE, Oman, Qatar, and Malaysia; workers' remittances estimated at $1.71 billion in 1998-99
Agriculture

65%

Services

25%

Industry and mining

10% (1996)

Unemployment rate

3.6% (2002)

Revenues

$4.9 billion

Expenditures

$6.8 billion, including capital expenditures of $NA (2000)

Industries

jute manufacturing, cotton textiles, garments, tea processing, paper newsprint, cement, chemical, light engineering, sugar, food processing, steel, fertilizer

Industrial production growth rate

6.2% (2001)

Electricity-production

13.493 billion kWh (2000)

Fossil fuel

92.45%

Hydro

7.55%

Other

0% (2000)

Electricity-consumption

12.548 billion kWh (2000)

Electricity-exports

0 kWh (2000)

Electricity-imports

0 kWh (2000)

Agriculture-products

rice, jute , tea, wheat, sugarcane, potatoes, tobacco, pulses, oilseeds, spices, fruit; beef, milk, poultry

Exports

$6.6 billion (2001)

Exports-commodities

garments, jute and jute goods, leather, frozen fish and seafood

Exports-partners

US 31.8%, Germany 10.9%, UK 7.9%, France 5.2%, Netherlands 5.2%,

Italy 4.42% (2000)

Imports

$8.7 billion (2001)

Imports-commodities

machinery and equipment, chemicals, iron and steel, textiles, raw cotton, food, crude oil and petroleum products, cement

Imports-partners

India 10.5%, EU 9.5%, Japan 9.5%, Singapore 8.5%, China 7.4% (2000)

Economic aid-recipient

$1.575 billion (2000 est.)

Exchange rates

Taka per US dollar - 69.00 (October 2006), 55.807 (2001), 52.142 (2000), 49.085 (1999), 46.906 (1998), 43.892 (1997)

Hortex is an environmental friendly organization and involved in green revolution in Bangladesh through plantation.

   
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Sech Bhaban, 3rd Fl, 22 Manik Mia Avenue

Dhaka 1207, BANGLADESH

Tel: +(8802) 912-5181, Fax: +(8802) 912-5181